Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$300,467$306,000
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.760%7.320%
Blended rate4.610%7.560%
1st payment$1,525.20$2,102.01
2nd payment$0.00$0.00
Taxes / mo$478.92$478.92
Insurance / mo$150.00$150.00
MI / mo$232.99$61.20
HOA / mo$0.00$0.00
Total monthly$2,387.11$2,792.12
Cash to close$39,533$34,000